Profit Sharing · DOL Form 5500 · 2023

Kipp Team and Family Schools, Inc. Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
198
Participants
73rd
Percentile by assets
$105,195
Avg per participant
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Official DOL plan name: Kipp Team and Family Schools, Inc. 403(b) Plan · Sponsored by Kipp Team and Family Schools, Inc. · New Jersey · Educational Services

$21M in assets, 198 participants

Kipp Team and Family Schools, Inc.'s Kipp Team and Family Schools, Inc. 403(b) Plan reported $21M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 73rd percentile by assets (of 127,072 plans)
  • #2,102 in Educational Services (3,735 peers)

Coverage in New Jersey

Kipp Team and Family Schools, Inc. 403(b) Plan covers 198 participants in New Jersey, about 23% of the average New Jersey filer (state average ~844 per filing). Assets: $21M.

$21M
total plan assets (2023 EOY)
198
covered participants
73rd
percentile by assets (of 127,072 plans)
$105,195
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kipp Team and Family Schools, Inc. 403(b) Plan reported participants rose from 120 in the plan year 2022 filing to 198 in the plan year 2023 filing.
  • Kipp Team and Family Schools, Inc. 403(b) Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Kipp Team and Family Schools, Inc. 403(b) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Kipp Team and Family Schools, Inc. 403(b) Plan reports 198 participants - about 23% of that state average ($21M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN462792701
Plan Effective Date2014-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kipp Team and Family Schools, Inc.)

$15M$20M$25M$30M 202220232024 $16.5M $25.5M ▲ +54.9%
Total plan assets by year, all Kipp Team and Family Schools, Inc. plans on file
Year Plans Participants Total Assets
2022 1 120 $16M
2023 1 198 $21M
2024 1 125 $25M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Kipp Team and Family Schools, Inc. 403(b) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Kipp Team and Family Schools, Inc. 403(b) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Kipp Team and Family…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
Kipp Team and Family Schools, Inc. 403(b) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Kipp Team and Family Schools, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Kipp Team and Family Schools, Inc. 403(b) Plan assets move in 2023?
Kipp Team and Family Schools, Inc. 403(b) Plan grew sharply - up 26.6% during 2023, from $16M to $21M. Reported net income was $4M.
How have Kipp Team and Family Schools, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kipp Team and Family Schools, Inc.'s sponsor-wide assets grew 54.9%, from $16M to $25M.
Which Profit Sharing plans are similar in size to Kipp Team and Family Schools, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Local 463 Entenmann's Salesperson's Trust Fund in PA ($21M, 110 participants).

Next read for Kipp Team and Family Schools, Inc. 403(b…

Filing takeaways

Ways to act on Kipp Team and Family Schools, Inc. 403(b) Plan's numbers.